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Anyone want to bet

CryptoCrypto Posts: 3,740 ✭✭✭✭✭

I was following this SLD to crack out and put in my silver dollar tray that I have to enjoy raw coins. It jumped at the end to a level I can only see making sense if you can get money in between problem and speculative.

https://coins.ha.com/itm/seated-dollars/1846-o-1-repaired-pcgs-genuine-vf-details-mintage-59-000/a/132138-27298.s

Anyone want to bet a burger at the next Baltimore show that it pops up (raw) on eBay here shortly as grandfathers treasure trove/ amazing find :s

Serious point for the old timers, what percentage of auction blow out problem coins go to collectors vs opportunistic flippers? I would guess collectors are a small percentage

Comments

  • braddickbraddick Posts: 24,243 ✭✭✭✭✭

    By "altered" PCGS means re-engraved. It was skillfully done. Both obverse and reverse. That would be a fun coin to own in a DANSCO type set.

    peacockcoins

  • gumby1234gumby1234 Posts: 5,591 ✭✭✭✭✭

    Not much of a gambler. Also I won't be at the show. Likely to end up cracked on ebay soon as you say.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • SmudgeSmudge Posts: 9,620 ✭✭✭✭✭

    I would bet the 200 year old safe will be involved, maybe.

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    I disagree. That's not a crazy price IMHO!

  • No HeadlightsNo Headlights Posts: 2,072 ✭✭✭✭✭

    Problem SLD are the norm as opposed to the exception. Original problem-free coins are tough!!!
    And also, forget the price guides when they show up. :)

  • BochimanBochiman Posts: 25,477 ✭✭✭✭✭

    It will definitely be cracked and offered raw or in a low end TPGS holder.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I hope our resident detectives track this one and lets see if it does turn up with a 'story'.... Should be a fun experiment. Cheers, RickO

  • TradesWithChopsTradesWithChops Posts: 640 ✭✭✭✭
    edited September 23, 2021 10:59AM

    @Crypto said:
    I was following this...

    Could end up in a known dealers ebay auctions - with highly photoshopped photos.

    Minor Variety Trade dollar's with chop marks set:
    More Than It's Chopped Up To Be

  • dcarrdcarr Posts: 8,703 ✭✭✭✭✭

    @braddick said:
    By "altered" PCGS means re-engraved. It was skillfully done. Both obverse and reverse. That would be a fun coin to own in a DANSCO type set.

    The PCGS holder says "repaired". The auction description does not elaborate.
    I do not see any evidence of re-engraving. But it does look like there may have been some damage in the field above and to the left of the Eagle's head. The damage may have been a more-severe version of what can be seen in the vicinity of "AM". The damage was repaired and that area was smoothed out and toned over. In addition to the change in color and texture of the field in that area, there is the tell-tale sign where the smoothing affected the first "S" in STATES.

  • dlmtortsdlmtorts Posts: 742 ✭✭✭

    The expert knowledge posted here is much appreciated. I would have never noticed the damage But for dcarr pointing it out and explaining it. Now it’s visible.

  • jmlanzafjmlanzaf Posts: 35,345 ✭✭✭✭✭

    @amwldcoin said:
    I disagree. That's not a crazy price IMHO!

    I agree with you. But I also think that price makes sense for the final owner not a flip.

  • kazkaz Posts: 9,223 ✭✭✭✭✭

    I was thinking along the lines of DCarr; I also think there was some smoothing done in the right obv field. Actually pretty nice looking and with O mints being so popular now, I think it went to a collector not a flipper.

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